About CIB Egypt
CIB Egypt is a company based in Giza (Egypt) founded in 1975. The company has 8,290 employees as of December 31, 2024. CIB Egypt has completed 2 acquisitions, including Mayfair Bank and Mayfair CIB Bank. CIB Egypt operates in a competitive market with competitors including Scotiabank, Banque Misr, Crdit Agricole Egypt, Afreximbank and Banque du Caire, among others.
- Headquarter Giza, Egypt
- Employees 8290 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Commercial International Bank - Egypt (Cib) S.A.E.
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Annual Revenue
$216.68 B84.47as on Dec 31, 2024
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Net Profit
$49.71 B92.82as on Dec 31, 2024
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EBITDA
Not available
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Latest Funding Round
$4.81 M (USD), Post-IPO
Aug 24, 2020
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Investors
International Finance Corporation
& 1 more
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Employee Count
8290
as on Dec 31, 2024
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Investments & Acquisitions
Mayfair Bank
& 1 more
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IPO & Listings of CIB Egypt
CIB Egypt is a publicly listed company on the EGX with ticker symbol COMI in Egypt, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of CIB Egypt
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Software Development Team
140 people
Data Analysis and Operations Team
37 people
Senior Team
32 people
Leadership Team
28 people
Head Team
21 people
Business Team
20 people
Product Management Team
18 people
Finance and Accounting
13 people
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Funding Insights of CIB Egypt
Investors in CIB Egypt
CIB Egypt has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include International Finance Corporation and Invesco.
| Investor | Description | Founded Year | Domain | Location |
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IFC is focused on private sector development in emerging markets.
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Diversified asset management services are offered globally by Invesco.
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Investor details for CIB Egypt
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Investments & Acquisitions by CIB Egypt
CIB Egypt has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mayfair Bank and Mayfair CIB Bank.
Investment portfolio details for CIB Egypt
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Commercial banking services are provided in Kenya.
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Online banking platform offered for personal and business services.
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Complete acquisition details for CIB Egypt
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - CIB Egypt
Detailed financials for CIB Egypt
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- Profit trends
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Cib Egypt Comparisons
Peer comparison for CIB Egypt
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Competitors of CIB Egypt
CIB Egypt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Banque Misr, Crdit Agricole Egypt, Afreximbank and Banque du Caire, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are offered by Banque Misr in Egypt.
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Commercial banking services are provided in Egypt by this institution.
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Trade finance and commercial banking services are provided across Africa.
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Operates as a commercial bank, offering deposits, loans, and payment services.
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Detailed competitors of CIB Egypt
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Latest news on Cib Egypt
Complete news archive for CIB Egypt
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Frequently Asked Questions about CIB Egypt
CIB Egypt was founded in 1975 and raised its 1st funding round 22 years after it was founded.
CIB Egypt is headquartered in Giza, Egypt.
Hussein Abaza is the current CEO of CIB Egypt.
As of Dec 31, 2024, the latest employee count at CIB Egypt is 8,290.
Commercial International Bank was founded in 1975 in Giza, Egypt, where it functions as the largest private sector bank. Operations center on delivering financial products and services, including consumer banking, corporate banking, investment banking, credit cards, mortgage loans, and private banking. Focus is placed on the Egyptian market, with annual revenues of 3.38 billion and net profit of 0.84 billion recorded in 2022.
CIB Egypt's top competitors include Scotiabank, Banque Misr and Afreximbank.
Yes, CIB Egypt is publicly traded on EGX under the ticker symbol COMI.
CIB Egypt has made 2 acquisitions, including Mayfair Bank, and Mayfair CIB Bank.
CIB Egypt has 2 investors. Key investors include International Finance Corporation, and Invesco.
The ticker symbol of CIB Egypt is COMI on EGX.